Lower Logan Well Users INC FY2021 filing

Not tax-deductible

Sterling, COMutual-benefit / member-servingSince 2003Mutual/MembershipEIN 36-4528664

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The organization's assets are irrevocably and permanently dedicated to the process of facilitating and funding the filing of Well water augmentation plans; providing a framework for the approval and use of water wells, recharge designs for the members, and obtaining the necessary authorizations for members use of their own wells.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $52K a year · 11% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 10.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$166K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$452K
+11% vs prior year
Spent
$411K
To programs
0%
Net assets
$326K
By yearFY2020–FY2025
Revenue
$452K
FY2021▲ +11%
Revenue by fiscal year
FY2020$408K
FY2021$452K
FY2022$381K
FY2023$519K
FY2024$496K
FY2025$465K
Expenses
$411K
FY2021▲ +11%
Expenses by fiscal year
FY2020$369K
FY2021$411K
FY2022$349K
FY2023$392K
FY2024$459K
FY2025$428K
Net assets
$326K
FY2021▲ +14%
Net assets by fiscal year
FY2020$285K
FY2021$326K
FY2022$358K
FY2023$485K
FY2024$522K
FY2025$558K

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Lower Logan Well Users INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds and facilitates filing of well water augmentation plans.

Provided by the organization

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1 program · $411K · in their own filed words · FY2021
01

The organization's assets are irrevocably and permanently dedicated to the process of facilitating and funding the filing of well water augmentation plans; providing a framework for the approval and use of water wells, recharge designs for the members, and obtaining the necessary authorizations for members' use of their own wells.

$411Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$452K
Ln 12
Fees for servicesLn 2g$452K
Investment incomeLn 3$238
Money outPt IX
$411K
Ln 25
Owns and owesPt X
$326K
net assets · Ln 32
Cash and savingsLn 1–2$372K
Total assetsLn 16$492K
LiabilitiesLn 26$166K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$452K
Investment incomeLn 3$238
Total revenueLn 12$452K
Assets in detailPt X, end of year
CashLn 1$134K
SavingsLn 2$238K
Cash and savings togetherLn 1–2$372K
Total assetsLn 16$492K
LiabilitiesLn 26$166K
Net assetsLn 32$326K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$302K$372K
Total assetsLn 16$368K$492K
LiabilitiesLn 26$84K$166K
Net assetsLn 32$285K$326K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$8K
Accounting feesLn 11c$3K
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$397K
All other expensesLn 24e$2K
Total functional expensesLn 25$411K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $465K$428K$36K$558K 990 PDF
FY2024 $496K$459K$37K$522K 990 PDF
FY2023 $519K$392K$127K$485K 990 PDF
FY2022 $381K$349K$33K$358K 990 PDF
FY2021 Viewing $452K$411K$41K$326K 990 PDF
FY2020 $408K$369K$39K$285K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $451,948 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $451,710$451,710
VIII-3 Investment incomeExcluded from tax $238$238
VIII-12 Total revenueRelated to mission $451,710 · Excluded from tax $238$451,948
Part IX · Statement of functional expenses $410,871 across 5 lines filed
IX-11b Legal fees$7,734
IX-11c Accounting fees$3,000
IX-23 Insurance$1,070
IX-24 Other expenses (24a–d)$396,714
IX-24e All other expenses$2,353
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$410,871
Part X · Balance sheet $491,673 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $64,636$133,981
X-2 Savings and temporary cash investmentsStart of year $237,646$237,884
X-4 Accounts receivableStart of year $65,631$119,362
X-9 Prepaid expenses and deferred chargesStart of year $446$446
X-16 Total assetsStart of year $368,359$491,673
X-17 Accounts payable and accrued expensesStart of year $83,705$165,942
X-26 Total liabilitiesStart of year $83,705$165,942
X-27 Net assets without donor restrictionsStart of year $284,654$325,731
X-32 Total net assets or fund balancesStart of year $284,654$325,731
X-33 Total liabilities and net assetsStart of year $368,359$491,673
Part XI · Reconciliation of net assets $325,731 net assets at year end
XI-1 Total revenue$451,948
XI-2 Total expenses$410,871
XI-3 Revenue less expenses$41,077
XI-4 Net assets at start of year$284,654
XI-10 Net assets at end of year$325,731

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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